Unlocking synergies between business units: internal value creation at Royal Vopak

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Abstract

  • This paper examines the process of creating and exploiting synergies between business units of a multi-unit corporation and the creation of internal value by combining and exploiting knowledge.

  • It offers a framework to create and manage such synergies and undertakes an empirical test through in-depth study across three business units of Royal Vopak, a Dutch-based global multi-unit corporation. Finally, it offers lessons for corporate managers trying to create and manage cross-unit synergies.

Copyright © 2006 John Wiley & Sons, Ltd.

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